Ethos Financial Group LLC Has $2.07 Million Stock Position in Eldridge BBB-B CLO ETF $CLOZ

Ethos Financial Group LLC raised its position in Eldridge BBB-B CLO ETF (NYSEARCA:CLOZ) by 138.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 77,656 shares of the company’s stock after acquiring an additional 45,084 shares during the period. Ethos Financial Group LLC owned approximately 0.27% of Eldridge BBB-B CLO ETF worth $2,069,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Claris Financial LLC acquired a new position in shares of Eldridge BBB-B CLO ETF during the second quarter worth approximately $922,000. Sound Income Strategies LLC grew its position in Eldridge BBB-B CLO ETF by 62.5% in the 3rd quarter. Sound Income Strategies LLC now owns 144,012 shares of the company’s stock valued at $3,843,000 after purchasing an additional 55,396 shares during the period. Farther Finance Advisors LLC bought a new stake in Eldridge BBB-B CLO ETF during the 3rd quarter valued at $274,000. Worth Asset Management LLC bought a new stake in Eldridge BBB-B CLO ETF during the 3rd quarter valued at $233,000. Finally, Copia Wealth Management raised its holdings in Eldridge BBB-B CLO ETF by 147.2% during the third quarter. Copia Wealth Management now owns 72,049 shares of the company’s stock worth $1,932,000 after buying an additional 42,908 shares during the last quarter.

Eldridge BBB-B CLO ETF Price Performance

Eldridge BBB-B CLO ETF stock opened at $25.59 on Friday. The firm’s fifty day moving average price is $26.06 and its two-hundred day moving average price is $26.43. Eldridge BBB-B CLO ETF has a 1-year low of $25.08 and a 1-year high of $26.96.

Eldridge BBB-B CLO ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, February 9th. Investors of record on Tuesday, February 3rd were given a $0.1557 dividend. The ex-dividend date of this dividend was Tuesday, February 3rd. This represents a c) annualized dividend and a yield of 7.3%.

Eldridge BBB-B CLO ETF Profile

The Panagram Bbb-B Clo ETF (CLOZ) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in USD-denominated collateralized loan obligations of any maturity that are rated between BBB+ and B-. CLOZ was launched on Jan 24, 2023 and is managed by Panagram.